3i, the world's leading growth investor, builds upon its strong financial services track record with a $97M investment in GAIN Capital Group, a leading independent provider of foreign exchange (forex) trading services for individuals and institutions.
3i's investment will support GAIN Capital's global expansion while retaining its independence and best in class trading platform.
* Glenn Stevens, CEO of GAIN, will be able to realize his vision of further global expansion especially in Asia
* 3i has worked with GAIN's senior management to identify a new CFO and is working to identify a member of the board with market and financial services experience
* Whitney Bower, 3i Partner, has joined the board as a Director
Glenn Stevens, CEO of GAIN Capital, explains, "We are pleased to welcome a partner with such extensive international financial services knowledge. In addition, 3i's significant expertise in technology and internet marketing makes them a partner of choice to leverage GAIN's unique approach to combining the power of the internet with institutional level trading capabilities."
GAIN Capital is a leading independent provider of online forex trading services for individuals and institutions. For further information on GAIN Capital Group visit www.gaincapital.com or http://www.forex.com/
3i brings a strong international track record of partnering with financial services businesses to unlock valuable growth opportunities. Previous investments include Fulcrum, KNEIP, Travelex, Asia Capital Re, Fidessa/Royal Blue and Best Invest.
